Weekly Investment Analysts’ Ratings Changes for Automatic Data Processing (ADP)

Several brokerages have updated their recommendations and price targets on shares of Automatic Data Processing (NASDAQ: ADP) in the last few weeks:

• 2/3/2025 – Automatic Data Processing had its price target raised by analysts at Barclays PLC from $325.00 to $350.00. They now have an “overweight” rating on the stock.
• 1/30/2025 – Automatic Data Processing had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $315.00 price target on the stock.
• 1/30/2025 – Automatic Data Processing had its price target raised by analysts at Jefferies Financial Group Inc. from $290.00 to $305.00. They now have a “hold” rating on the stock.
• 1/27/2025 – Automatic Data Processing was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/19/2025 – Automatic Data Processing was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/11/2025 – Automatic Data Processing was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/3/2025 – Automatic Data Processing was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Automatic Data Processing Stock Down 0.6 %

Shares of ADP traded down $1.92 during mid-day trading on Tuesday, hitting $305.41. 247,276 shares of the company’s stock were exchanged, compared to its average volume of 1,693,585. Automatic Data Processing, Inc. has a twelve month low of $231.27 and a twelve month high of $311.67. The firm has a fifty day moving average of $297.16 and a two-hundred day moving average of $284.84. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.59. The stock has a market cap of $124.44 billion, a price-to-earnings ratio of 31.85, a P/E/G ratio of 3.52 and a beta of 0.79.

Automatic Data Processing (NASDAQ:ADP) last released its quarterly earnings data on Wednesday, January 29th. The business services provider reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.30 by $0.05. Automatic Data Processing had a net margin of 19.76% and a return on equity of 80.86%. On average, sell-side analysts forecast that Automatic Data Processing, Inc. will post 9.94 earnings per share for the current year.

Automatic Data Processing Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a dividend of $1.54 per share. This represents a $6.16 annualized dividend and a yield of 2.02%. The ex-dividend date is Friday, March 14th. Automatic Data Processing’s dividend payout ratio is currently 64.23%.

Insiders Place Their Bets

In other news, VP David Foskett sold 1,067 shares of the business’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $286.15, for a total value of $305,322.05. Following the sale, the vice president now owns 6,140 shares of the company’s stock, valued at $1,756,961. The trade was a 14.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Sreenivasa Kutam sold 38,975 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $300.00, for a total transaction of $11,692,500.00. Following the sale, the vice president now directly owns 32,604 shares in the company, valued at $9,781,200. This trade represents a 54.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 42,129 shares of company stock valued at $12,604,872. Insiders own 0.21% of the company’s stock.

Institutional Investors Weigh In On Automatic Data Processing

A number of large investors have recently bought and sold shares of the company. Itau Unibanco Holding S.A. acquired a new stake in Automatic Data Processing during the 3rd quarter valued at approximately $26,000. Dunhill Financial LLC lifted its stake in Automatic Data Processing by 346.5% during the 3rd quarter. Dunhill Financial LLC now owns 106 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 149 shares in the last quarter. Hexagon Capital Partners LLC lifted its stake in Automatic Data Processing by 78.5% during the 3rd quarter. Hexagon Capital Partners LLC now owns 116 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 51 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Automatic Data Processing during the 3rd quarter worth $35,000. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of Automatic Data Processing during the 4th quarter worth $37,000. 80.03% of the stock is currently owned by institutional investors and hedge funds.

Automatic Data Processing, Inc provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions.